Increased Interest In Advanced Biofuels As Interest Rapidly Grows In Maritime Sector

Advanced Biofuels Coalition LSB, has recently welcomed GoodFuels, as a new member. GoodFuels is a Netherlands-based global pioneer in sustainable marine fuels. The company has created a one-stop shop for marine industry customers, integrating the entire supply chain for sustainable marine biofuels. All GoodFuels’ biofuels are sustainably sourced and completely derived from residues and waste oil products.

“GoodFuels is working with clients around the world who are committed to reducing emissions in shipping. We are excited to join the Advanced Biofuels Coalition to promote the use of advanced biofuels in the maritime sector and to provide information to stakeholders on the role of sustainable fuels in shipping”, states Rianne de Vries, Public Affairs Lead at GoodFuels.

Representation Image – Credits: GoodFuels

Marko Janhunen, Chair of Advanced Biofuels Coalition and Public Affairs Director at UPM commented: “GoodFuels is a great fit for the Advanced Biofuels Coalition and illustrates the need for advanced biofuels in all transport modes. Advanced biofuels are increasingly becoming more and more attractive in the maritime sector and our coalition requests EU institutions to shape the Fit for 55 policies in a way that creates further investment opportunities in the sector”.

Advanced biofuels made from wastes and residues as defined in Renewable Energy Directive Annex IX Part A, are a sustainable solution to reduce emissions in transport, including also harder to decarbonize transport modes such as sustainable aviation fuels, maritime transport, and heavy-duty transport. Since the adoption of REDII in 2018, several investments have moved forward and are contributing to the EU’s goal of achieving dramatic reduction in transport CO2 emissions.

The Advanced Biofuels Coalition LSB, represents the leading companies in the advanced biofuels industry, strongly supports the EU target for climate-neutrality by 2050 and the need for more ambitious 2030 intermediate targets.

Reference: pressclub.be

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